iShares MSCI Saudi Arabia (KSA) Enters Oversold Territory
May 13, 2019 at 11:03 AM EDT
In trading on Monday, shares of the iShares MSCI Saudi Arabia ETF (KSA) entered into oversold territory, changing hands as low as $31.65 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..